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Announcing the Launch of a New Isle of Man QNUPS

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Contributed by SIPP Specialists Limited
21 December, 2011


Contributed by SIPP Specialists Limited [www.sippspecialists.co.im]

SIPP SPECIALISTS is pleased to announce the launch of their new Qualifying non UK Pension Scheme (QNUPS).
As you may be aware the Isle of Man Government changed its rules on the taxation of non residents on 22nd October 2010 .

The scheme is both:
Approved by Income Tax Division of the Isle of Man Treasury
Regulated by the Insurance and Pensions Authority 
And
Accepts contributions including in-specie contributions
(This includes residential property)
 Is Not reportable to HMRC


and offers all the following benefits:

  • Pension paid gross on IOM (no withholding tax)
  • 100% of fund repaid on death of member
  • 30% tax fee cash lump sum
  • Tax free growth on IOM
  • Transparent, competitive fees
  • Knowledgeable, professional support
  • Full compliance with QNUPS rules
  • Outside UK IHT

We offer a top quality service to clients and advisers, who can be confident that we will observe both the spirit and letter of any rules that govern QNUPS.

We are not a call centre, so you will be dealing with the same dedicated and experienced team of people at all times.

We do not give financial or tax advice, and we do not take commissions or ‘turns’ on bank accounts either hidden or otherwise.

We offer a fully transparent service.

If you would like to know more please contact us at consultants@sippspecialists.co.im


Dougie Elliott 
SIPP Specialists Limited, St Georges Chambers, 1 Athol Street, Douglas, Isle of Man, IM1 1LD
Tel: 0044 (0)1624 678458
E-mail: consultants@sippspecialists.co.im
Website: www.sippspecialists.co.im


SIPP Specialists Limited is registered in Isle of Man Number004607v
The registered office is Ragnall House, Peel Road, Douglas, Isle of Man, IM1 4LZ
The Directors are S J Bingham, D Elliott & J Garland
SIPP Specialists Ltd is registered with the Isle of Man Insurance and Pensions Authority as a 
Professional Benefits Schemes Administrator




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